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Actual property: fewer gross sales in Loire-Atlantique and a begin of worth decline round Nantes

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In Nantes, nearly all neighborhoods present a rise in actual property costs. ©Hervé PAVAGEAU

The notaries of the Regional Chamber of Notaries de Rennes took inventory, Thursday, September 15, 2022, of the state of the true property market, specifically in Loire-Atlantique, by evaluating knowledge over one 12 months, from June 30, 2021 to June 30, 2022.

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“The figures affirm the sensation for a 12 months on the pretty important drop in transaction quantity, pronounces Marie-Virginie Durand, notary in Loire-Atlantique answerable for communication. We’re victims of the shortage of products and of this huge change in costs that now we have identified for a number of years now on the Nantes market and within the division. »

Relating to these gross sales volumes, for brand new flats, notaries famous a drop of 19.4% over one 12 months. For outdated homes, “the rarest items”, the drop reached 13%.

Yr-on-year worth enhance

Nevertheless, notaries are as soon as once more seeing an increase in costs “which corresponds to this rarity”, feedback Marie-Virginie Durand. The worth of outdated flats has elevated by 6%: “During the last ten years, the evolution of costs quantities to 43%, which is big. »

Median prices in the Loire-Atlantique department and the profile of buyers between June 2021 and June 2022.
Median costs within the Loire-Atlantique division and the profile of consumers between June 2021 and June 2022. ©Chambre régionale des notaires de Rennes

The worth of recent flats is up by 5.1%, with a median worth of €4,600/m2when that of outdated homes reached +9.8%.

Constructing land additionally posted a rise of seven.1%. “Within the division, we nonetheless handle to have concerted improvement zones (ZAC), that are taken under consideration within the land statistics”.

81% of consumers come from Loire-Atlantique8% of consumers come from Île-de-France, 6% and eight% from elsewhere in France.

Movies: at the moment on Actu

In Nantes, “it’s rising all over the place, with costs now very excessive”, level out the notaries once more. For instance, outdated flats are up by 5%, new flats by 6.1% and outdated homes by 5.9%, whereas earlier quantities had been already very excessive.

Price trends in the districts of Nantes between June 2021 and June 2022.
Worth adjustments within the districts of Nantes between June 2021 and June 2022. ©Chambre régionale des notaires de Rennes

A “regulation” in progress

However “in the present day, we do not have a lot perspective on what has been occurring since July, once we observe a drop in volumes and costs that are falling barely,” says Marie-Virginie Durand.

We should contact our sellers to report back to them on the state of the market and ask them to evaluation their promoting worth, realizing that costs stay excessive. There isn’t a want to fret, it does a bit of regulation. We’re not going to evaluate the properties as we had been in a position to do earlier than the summer season.

Grasp Marie-Virginie Durand

Within the inside suburbs of Nantes, the preliminary contracts (compromises) of the final three months thus counsel a worth drop of 5.3% in comparison with June 2022realizing that the outdated flats, “much less wanted than the homes in Nantes”, are maintained.

A state of affairs which can also be to be correlated with the rise in rates of interest for mortgages. “There are additionally fears of the inhabitants, inflation, the battle in Ukraine, vitality points,” provides Vincent Lemée, communication delegate on the Regional Council of Notaries.

It’s doubtless that the charges may even regulate. The true topic in the present day is entry to borrowing and acquiring credit score.

Grasp Vincent Lemee
Evolution of pre-contract prices over the last three months.
Evolution of pre-contract costs during the last three months. ©Rennes Regional Chamber of Notaries

Consequence: “There’s a type of wait-and-see angle, individuals protecting the urge for food to place their cash in stone. Furthermore, “we’re nonetheless within the 12 months of the presidential election, the residents wishing to see the results of the bulletins. We’ll see extra clearly subsequent 12 months. »

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